Why do economists measure the cost or money price of things when opportunity cost is what we actually are considering when we deciding whether or not to purchase?

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asked Apr 28, 2017 203k views

1 Answer

Lesa · Answer 1 · 2017-05-05T02:34:10+0000

it is easier for economists to measure "cost" than "opportunity cost"(because people's tastes are different and changeable)